Vijay Mallya blames the Indian government for not adjusting regulations in time for him to attract foreign investors before his airline was grounded, but, in reality, his poor management is at the core of Kingfisher’s troubles.
Caught off-guard by the employees’ decision to move court to seek the closure of Kingfisher Airlines, the private Indian air carrier’s Chairman, Vijay Mallya, wrote a letter to them giving the details of the revival plan.
Mallya assured the employees that the management was making every attempt to resume the services of the grounded airline…
The employees Wednesday threatened to file a petition in court to wind up the company under the Company’s Act if the management did not share its revival plan with them and give a timeframe for paying the salary dues. The airline has not paid to its employees since May last year.